Regulatory Alerts2021-01-11
Added · Updated
Amendment to the Central Depository (Licensing & Operations) Regulations 2016
The Securities and Exchange Commission of Pakistan amends Regulation 6(1) of the Central Depository (Licensing & Operations) Regulations 2016 to impose specific minimum paid-up capital and net-worth requirements on central depositories registered prior to the notification's commencement. These entities must maintain the specified financial thresholds within timelines to be determined by the Commission. The amendment applies to existing central depositories operating under the regulatory framework.
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